The Zee saga will see a long-drawn-out court battle before shareholders get any chance to vote on any proposal by the management or Invesco, says Prosenjit Datta.
The 30-share Sensex ended up 12 points at 28,517 while the 50-share Nifty ended nearly unchanged at 8,660.
The 30-share Sensex and the 50-share Nifty ended flat at the mark of 29,008 and 8,767 respectively.
'If you are ready to stomach the loss, you may invest 3-5 per cent of your portfolio in crypto assets.' 'Of this, 80-90 per cent should be in Bitcoin.'
Here are 10 photographs that prove that it's a mad, mad, mad, mad world out there!
Profit taking in index heavweights RIL and HDFC weighed on sentiment while ICICI Bank surged 7%.
Markets ended lower amid volatile trade with Sun Pharma leading the decline.
Riding on a stock market boom since 2009, India Inc's chief executives have been able to salvage a lot of lost pride in their second innings.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
Stock markets opening with losses too put pressure on the domestic unit.
The job cuts will affect almost a fifth of the bank's workforce.
Cairn Energy of UK is seeking compensation from the Government of India.
SBI was the top gainer in the Sensex pack, surging around 8 per cent. Tata Steel, Bajaj Finance, HDFC Bank, NTPC, Axis Bank and ICICI Bank also ended with firm gains. On the other hand, TCS, HUL, Bajaj Auto and Infosys were among the laggards.
In eight cases, the banks would violate the minimum public shareholding norms if their promoter, the Government of India, infused capital as announced.
The Essel Group on Monday rebutted news reports that it is setting up parallel cricket boards across different countries in collaboration with Ten Sports Network but said it is now geared up to enter the sports business at a global level, focusing on cricket.
'The person who carried out the London attack... was a fighter from the Islamic State, and did so in response to calls to target citizens of coalition countries,' the ISIS statement read.
Women are opting out of high-flying career due to family responsibilities, says a study.
The new 10 per cent dividend tax will be payable only on dividend income over and above Rs 10 lakh threshold in a year, according to an amendment to the Finance Bill 2016 approved by Lok Sabha.
The Department of Post, Tech Mahindra, Videocon Group and stock exchange NSE have joined big corporates like Ambanis and Birlas to seek entry into banking business through newly created niche category of Payments and Small Finance Banks.
Private lenders were among the top losers along with RIL.
The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.
For fast-moving consumer goods, growth is likely to be tepid.
The rupee fell back sharply against the pound sterling at 83.28 from Monday's close of 82.49 and also reacted downwards against the euro to 71.59 from 71.29.
IIP for November 2015 and CPI for December 2015 will be announced today.
ICICI Bank extended yesterday gains, rising 10% in two trading sessions
Within hours of rate cut announced by RBI, United Bank has reduced the benchmark lending rate by 0.25 per cent, while other banks including market leader SBI have indicated that they would follow suit.
Sharp fall in capital goods production and manufacturing activity also dented sentiments.
Reliance Industries and ONGC were down 4-6% each contributing the most to the Sensex losses
The move assumes significance because a go-ahead from the US Food and Drug Administration for the new unit in Visakhapatnam is likely to give a huge boost to the company's revenues in upcoming quarters.
Market regulator also announces measures for mutual funds sector.
Keep at least one family member in the know of all your investments
Bayern Munich have signed 18-year-old Portuguese midfielder Renato Sanches from Benfica and Borussia Dortmund defender Mats Hummels, the Bundesliga club said on Tuesday.
The Competition Commission of India and the US Federal Trade Commission are yet to give their nod to the biggest pharma merger and acquisition deal this year in the Asia-Pacific region.
The partial withdrawal would mean that Iran would stop exporting enriched uranium stocks as stipulated by the 2015 agreement.
The top gainers on the Sensex were Cipla, Bharti Airtel, Maruti Suzuki, Hero Moto & Sesa Sterlite.
The rupee rose by 11 paise to 53.36 against the US dollar in early trade at the Interbank Foreign Exchange today on continued selling of the American currency by exporters and banks.
The 30-share Sensex ended 271 points higher to end at 28,930 and the 50-share Nifty climbed 76 points to close at 8,776.
Investors booked profit ahead of the outcome of the two-day US Fed policy meet which begins today.
It had strengthened by 45 paise on Tuesday to close at one-month high of 55.07 against the dollar, tracking a jump in local shares.
In addition, dollar's weakness against other currencies overseas also supported the rupee.
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